Arthur J. Gallagher & Co. (AJG)
Financials · Insurance Brokerage and Risk Management
Global insurance broker and risk manager placing commercial property/casualty, health, and specialized coverages while administering third-party claims for self-insuring clients.
What Arthur J. Gallagher & Co. does
Arthur J. Gallagher & Co. is the world's third largest insurance broker and one of the largest property/casualty third-party claims administrators. The company operates through two main segments: brokerage (87% of revenues), which places insurance and reinsurance coverages for commercial, nonprofit, and public sector entities across 650+ U.S. offices and 400+ international offices; and risk management (13% of revenues), which provides contract claims settlement, administration, and loss control services for organizations that self-insure. The company generates 67% of revenues domestically and 33% internationally, primarily from Australia, Canada, New Zealand, and the UK.
Themes: ["Insurance brokerage","Risk management","Claims administration","Commercial insurance placement","M&A-driven growth","International expansion","Self-insured captive management"]
Fundamentals
- Price$253.76 as of 2026-07-09 close
- Market cap$65.1B as of 2026-07-10
- 1-year return-19.5% as of 2026-07-09 close
- P/E40.42 as of 2026-07-10
- Net margin+10.8% as of 2026-07-10
- Gross margin+45.9% as of 2026-07-10
- ROE+6.9% as of 2026-07-10
- Debt / equity0.54 as of 2026-07-10
- Revenue growth (YoY)+24.5% as of 2026-07-10
- Revenue CAGR (3y)+17.7% SEC XBRL
- Beta0.51 as of 2026-07-10
Dividend: yield +1.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Seasonal revenue fluctuations driven by contract-effective dates and timing of acquisitions and book-of-business gains/losses","Heavy reliance on acquisitions for growth, with exposure to earnout obligations and integration risks; integration challenges evident from large amortization charges ($278M in Q1 2026)","High debt burden ($12.7B in corporate borrowings) and leverage used to fund acquisitions, with debt-to-equity implications for financial flexibility"]
Competitors & peers
- Marsh McLennan (MMC)
- Aon (AON)
- Willis Towers Watson (WTW)
- Brown & Brown (BRO)
- Jardine Lloyd Thompson Group
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.